How did 1 bitcoin sell for $10,000?

[ragingazn628]

http://www.ebay.com/itm/1-Full-Bitcoin-Sent-To-Your-Online-Wallet/161042374155?hash=item257edf9e0b

I don't get it?

[sbregar97]

That's crazy, it looks either set up, or someone is really dumb...
Wow, I might actually try to sell mine on Ebay lol..

[giantdragon]

Lucky seller... only if buyer will not realize his mistake and won't make a chargeback

[jaywaka2713]

Lucky seller... only if buyer will not realize his mistake and won't make a chargeback

Won't get his Bitcoin back either LOL

[naphto]

http://www.ebay.com/itm/1-Full-Bitcoin-Sent-To-Your-Online-Wallet/161042374155?hash=item257edf9e0b

I don't get it?

Easy money

[junglist.massive]

you can always earn some money on stupid people

[elasticband]

it had 38 bids

   m***f( 656)      C $10,000.00   
Jun-15-13 14:17:14 PDT

   k***9( 811)      C $10,000.00   
Jun-15-13 17:51:08 PDT

   k***9( 811)      C $5,000.00   
Jun-15-13 17:50:42 PDT

   k***9( 811)      C $1,000.00   
Jun-15-13 17:50:31 PDT

   k***9( 811)      C $600.00   
Jun-15-13 17:50:20 PDT

   f***d( 41)      C $360.00   
Jun-15-13 10:00:14 PDT

   h***i( 2 )       C $355.00   
Jun-15-13 06:15:27 PDT

   f***d( 41)      C $350.00   
Jun-15-13 06:10:54 PDT

   h***i( 2 )       C $350.00   
Jun-15-13 06:15:16 PDT

   h***i( 2 )       C $340.00   
Jun-15-13 06:15:12 PDT

   h***i( 2 )       C $330.00   
Jun-15-13 06:15:08 PDT

   h***i( 2 )       C $320.00   
Jun-15-13 06:15:04 PDT

   h***i( 2 )       C $310.00   
Jun-15-13 06:14:53 PDT

   h***i( 2 )       C $300.00   
Jun-15-13 06:14:24 PDT

   h***i( 2 )       C $290.00   
Jun-15-13 06:13:50 PDT

   h***i( 2 )       C $280.00   
Jun-15-13 06:13:44 PDT

   h***i( 2 )       C $270.00   
Jun-15-13 06:13:36 PDT

   h***i( 2 )       C $260.00   
Jun-15-13 06:13:32 PDT

   h***i( 2 )       C $250.00   
Jun-15-13 06:13:26 PDT

   h***i( 2 )       C $245.00   
Jun-15-13 06:13:22 PDT

   h***i( 2 )       C $240.00   
Jun-15-13 06:13:13 PDT

   h***i( 2 )       C $235.00   
Jun-15-13 06:13:07 PDT

   h***i( 2 )       C $230.00   
Jun-15-13 06:13:02 PDT

   h***i( 2 )       C $225.00   
Jun-15-13 06:12:58 PDT

   h***i( 2 )       C $220.00   
Jun-15-13 06:12:52 PDT

   h***i( 2 )       C $215.00   
Jun-15-13 06:12:45 PDT

   h***i( 2 )       C $210.00   
Jun-15-13 06:12:40 PDT

   h***i( 2 )       C $205.00   
Jun-15-13 06:12:35 PDT

   h***i( 2 )       C $200.00   
Jun-15-13 06:12:27 PDT

   h***i( 2 )       C $195.00   
Jun-15-13 06:12:21 PDT

   0***y( 0 )       C $190.00   
Jun-09-13 07:21:57 PDT

   f***d( 41)      C $190.00   
Jun-15-13 06:10:44 PDT

   a***a( 26)      C $179.00   
Jun-14-13 22:30:34 PDT

   p***n( 11)      C $141.53   
Jun-13-13 12:11:14 PDT

   i***q( 21)      C $135.00   
Jun-09-13 07:02:49 PDT

   a***a( 26)      C $129.00   
Jun-08-13 18:45:40 PDT

   i***q( 21)      C $128.00   
Jun-09-13 07:02:33 PDT

   m***f( 656)      C $120.00   
Jun-08-13 19:39:35 PDT

   Starting Price      C $111.00   
Jun-08-13 18:38:18 PDT

[jaywaka2713]

That is simply ridiculous. I'm considering doing this now, I'm just worried about chargebacks.

[elasticband]

how can 2 people bid $10,000? as noted in the list above....

[jaywaka2713]

how can 2 people bid $10,000? as noted in the list above....

   m***f( 656)      C $10,000.00   
Jun-15-13 14:17:14 PDT

   k***9( 811)      C $10,000.00   
Jun-15-13 17:51:08 PDT

Look at the time dude. Serious glitch.

[Welsh]

I'm saying it was set-up. It doesn't make any sense at all. Maybe they have asked their friends & family to bid, because they know it will become popular and shared through forums like this.
MAYBE, even hit the news. Most likely will.

[jaywaka2713]

I'm saying it was set-up. It doesn't make any sense at all. Maybe they have asked their friends & family to bid, because they know it will become popular and shared through forums like this.
MAYBE, even hit the news. Most likely will.

Most likely won't. There were BFL Single pre-orders that hit $40,000. Nobody knows too. This stuff doesnt go anywhere.

[groomsxxx]

Someone told me they believe that they were sending money to each other and using some online portal as a physudo escrow

[coinedBit]

right, it's just a fancy form of money-laundering using bitcoin and PayPal - you only need to offer an extremely overpriced product (1 btc at $ 10k) and two ebay accounts making sure that the right person will "buy" it, very convenient to shuffle PayPal funds around. It's a regular thing in the blackhat world, they're using tons of "temporary" PayPal accounts, that would normally have restrictions, i.e. regarding withdrawals - which is why you need to shuffle around funds using creative setups to finally obtain your money.

[n8rwJeTt8TrrLKPa55eU]

Jun-15-13 should be Jun-13-15.

Auction is actually from two years into the future due to an anomalous rift in spacetime continuum.

[dancupid]

right, it's just a fancy form of money-laundering using bitcoin and PayPal - you only need to offer an extremely overpriced product (1 btc at $ 10k) and two ebay accounts making sure that the right person will "buy" it, very convenient to shuffle PayPal funds around. It's a regular thing in the blackhat world, they're using tons of "temporary" PayPal accounts, that would normally have restrictions, i.e. regarding withdrawals - which is why you need to shuffle around funds using creative setups to finally obtain your money.

The eBay fees on this would be several hundred dollars.
If it's some sort of money laundering then why sell bitcoins? - they could have just sold a child's painting or anything - another toothbrush.
I suspect it's a hacked eBay account - the seller has only ever sold toothbrushes before.
Or maybe it's a crazy bidder with no intention of paying - then ebay will just refund the fees.

[harrapino]

I doubt the sellers involved. It dosnt make sense as dancupid said. I'm 100% it's a chargeback scam

[jaywaka2713]

I doubt the sellers involved. It dosnt make sense as dancupid said. I'm 100% it's a chargeback scam

Stupid PayPal. Just be like, "Ohmygod i bought this worthless digital code that didnt redeem and I accidentally bidz $10k please help I want chargeback."

I think chargebacks are stupid. People who are stupid with their money deserve to lose it.

[halfawake]

People are actually dumb enough to buy something for $10,000 that they can get for $100 elsewhere?  Wow.  I bet there are pretty high odds of a chargeback on this one though.

[i3lome]

The 2 $10,000 bids are not a glitch and easy to explain. One of the bidders Credit Cards or bank account was not approved. With purchases that large, you have to prove you have that much in your account.

Charge back will happen.